
Senior Director - Commercial Mortgage Originations
Welcome to New York Life, where we are dedicated to helping individuals and businesses achieve financial security and peace of mind. We are currently seeking a highly skilled and experienced Senior Director to lead our Commercial Mortgage Originations team.In this role, you will be responsible for overseeing the origination of commercial mortgage loans for our company. Your strategic vision and leadership will be crucial in driving the growth and profitability of our commercial mortgage portfolio.To excel in this position, you must have a strong understanding of the commercial real estate market, as well as a proven track record of successfully originating and closing large commercial mortgage loans. Additionally, you must possess exceptional communication and interpersonal skills to effectively collaborate with internal and external stakeholders.If you are a driven and results-oriented professional with a passion for commercial mortgage lending, we invite you to join our team and make a significant impact on the success of our organization.
- Develop and implement strategic initiatives to drive growth and profitability of the commercial mortgage portfolio.
- Lead and manage the Commercial Mortgage Originations team, providing guidance and support to ensure team members meet their goals and objectives.
- Oversee the origination process for commercial mortgage loans, including reviewing loan applications, conducting due diligence, and negotiating terms and conditions with borrowers.
- Utilize market knowledge and industry trends to identify potential lending opportunities and assess risk.
- Build and maintain relationships with key stakeholders, including borrowers, brokers, and other financial institutions.
- Collaborate with other departments, such as underwriting and risk management, to ensure loans are originated in compliance with company policies and procedures.
- Monitor and analyze the performance of the commercial mortgage portfolio, making adjustments as needed to achieve desired results.
- Keep up-to-date with changes in the commercial real estate market and regulatory environment, and make recommendations for process improvements.
- Prepare and present reports and presentations to senior management on the performance of the commercial mortgage originations team and portfolio.
- Mentor and develop team members, providing ongoing training and support to enhance their skills and knowledge.
- Represent the company at industry events and conferences to promote the organization and build relationships with potential clients.
- Adhere to all company policies and procedures, as well as industry regulations and standards.
Comprehensive Knowledge Of The Mortgage Industry: A Senior Director Of Commercial Mortgage Originations At New York Life Should Have A Deep Understanding Of The Commercial Mortgage Market, Including Market Trends, Regulatory Landscape, And Financial Products.
Extensive Experience In Mortgage Origination: The Ideal Candidate Should Have A Proven Track Record Of Success In Mortgage Origination, Preferably In The Commercial Sector. This Includes Experience In Underwriting, Deal Structuring, And Closing Complex Mortgage Transactions.
Strong Financial Acumen: As A Senior Leader, The Candidate Should Possess Strong Financial Acumen And Be Able To Analyze And Interpret Financial Statements, Cash Flow Projections, And Other Financial Data To Inform Decision-Making And Mitigate Risk.
Excellent Communication And Relationship-Building Skills: The Senior Director Will Be Responsible For Building And Maintaining Relationships With Key Stakeholders, Including Borrowers, Brokers, And Internal Teams. Excellent Communication And Interpersonal Skills Are Essential For Success In This Role.
Leadership And Strategic Thinking: The Role Requires A Strong Leader Who Can Drive Results And Lead A Team Of Mortgage Originators. The Ideal Candidate Should Have A Strategic Mindset And Be Able To Develop And Execute Plans To Achieve Business Objectives.
Risk Management
Financial Analysis
Underwriting
Strategic Planning
Business Development
Negotiation
Leadership
Relationship Management
Team Building
Sales Strategy
Client Services
Market Knowledge
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
Critical thinking
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Senior Director - Commercial Mortgage Originations in New York, NY, USA is $158,000 - $221,000 per year. This salary range may vary depending on the specific industry, company, and individual qualifications and experience. Other factors such as bonuses, commissions, and benefits may also impact the overall salary package.
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New York Life Insurance Company is the third-largest life insurance company in the United States, the largest mutual life insurance company in the United States.

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